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Small businesses win Covid insurance payouts after UK supreme court victory
Judges reject insurers’ appeals against paying out at least £1.2bn in claims
Tens of thousands of small businesses that were forced to close during the Covid-19 pandemic are now set to receive payouts on insurance claims following what was described as a “historic victory” at the supreme court.
Judges threw out the appeals from six insurers and largely supported the arguments made by the Financial Conduct Authority and a policyholder action group.
Read the original article at The Guardian